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Saudi housing markets diverge in 1Q as Riyadh slows, Dammam grows
Riyadh’s housing boom is cooling just as a supply wave arrives, while Dammam keeps climbing
Rent rally masks tech deflation
The data reveals a surging rental market and luxury spending offset by a deflationary trend in tech and household goods.
Foreign ownership law to be implemented next month -Housing Minister
PLUS: January crude prices cut to five-year low
Arada acquires 80% stake in London’s Thameside West project + Dar Global, Trump Organization unveil world’s first tokenized development
PLUS: Umm Al Qura sells three Masar Destination land reservation agreements for a combined SAR 689 mn
Riyadh sets new rent rules
Unregistered leases must be recorded via the Ejar platform
Housing support gets a points-based system
Families are considered financially able to buy a home if their assets are valued at SAR 5 mn or more
Housing dominates real estate transactions in 1H 2025 -Knight Frank
Madinah tops housing growth in 1H 2025 with transactions rising 49% to SAR 3.4 bn
Project awards stumble in 2Q
The Kingdom holds over half of the GCC’s unawarded project pipeline
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